13 Pitino acquired 90 percent of Broy's outstanding shares on January 1, 2019. in exchange for $513,000 in cash. The subsidiary's stockholders' equity accounts totaled $497000, and the noncontrolling interest had a tair value of $57.000 on that day. However, a building with a ten-year remaining time in Brey's accounting records was undervalued by $51.000. Pitino assigned the rest of the excess fair value over book value to Brays patented technology five-year remaining life Broy reported not income from its own operations of $83,000 in 2019 and 599,000 in 2020. Brey declared dividends of $28.800 in 2019 and $32,500 in 2020, Brey sets inventory to the follows: tawowy Raining Transfer Tic Tanda Year cost to Rey to Pirates price 2012 18,000 $ 210,000 2010 161,000 230,00 14.500 127,500 255,000 55,000 3 44.000 At December 31, 2021. Pitino owes Brey $35.000 for inventory acquired during the period. The following separate account belances are for these two comparies for December 31, 2021, and the year then ended. Note:Parentheses indicate a credit balance sales revenues cost of yod old ity in offrey w in Retainer 1/1/21 Het bove) Diventa deolard Betained earninge, 12/31/21 Cash and receivables Inventory Investment in Brey Land buildings, and again Pit Bry 100,0001 7861, $14.00 220,000 10.100 96,000 11.2001 # 203,95513.00) #1535,9001 16.00) 23,9351 137,000) 141,900 55.00 641,9551 8298,000) $ 165,000 $ 117, 390,000 255.000 545.300 347.000 13 Land, buildings ist st) Total en ti Con stock DELLA RIN. 12/31/1t 347,00 $ 2.163.100 $ 719,000 51,345 5 119,000 630.0001 102,00 661,2351 390.000) 143.7001 719,000) What was the annual amortization resulting from the acquision date far-value allocations? Were the intra entity transfers upstream or downstream? What intraently gross profit in inventory existed as of January 1 2022 d. What intra-entry gross profit in inventory existed as of December 31 2022 What amounts make up me 5105.255 Equity Earnings of Brey account balance for 20217 What is the net income attributable to the no controlling interest for 2021? What amounts make up the $645.300 Investment in Brey account balance as of December 31, 2021? Prepare the 2021 worksheet by to eliminate the subsidy's beginning owners' equity blances * Whout preparing worksheet or consolidation entriesdetermine the consolidato balances for these two companies Regt Reg Req Red What was there fortion resulting from the co-date fir-value alocaties What intre entitygross profit in inventory ested as of January 1, 2021? What intro-enttygross profit inventory ested as of December 31, 2021 Aula 1911 16950 Indygo roll, January 1, 2021 tygrosso December 31, 2001 5 5 27 SOC Total 13 Como Stock eta ing. 12/31/31 5 2.143.500 3.719,000 $ 187,345) 339.000) 1610.000) (02.000) 1841,195 090,000) 12.16).100) 19.000 What was the annual amortization resulting from the acquisition date far-value allocations? c. What intra-entitygross profit in inventory existed as of January 1 20217 d. What intra-enty gross profit in inventory existed as of December 31 2021 e. What amounts make up the 5105255 Equity Earnings of Brey account balance for 20217 What is the net income attributable to se non controlling interest for 20277 9. What amounts make up the 5645.300 investment in Brey account balance as of December 31, 2020 h. Prepare the 2021 worksheet entry to test the subsidiary's beginning owners equity balances 1. Without preparing a worksheet or consolation entres determine the consolidation balances for these two companies Complete this question by entering your answers in the tabs below. Rea Ate D Rent Reg Ree What amounts make up the $105,255 touty Earnings of Brey account balance for 20217 313700 Lirey recome Dulurred pole bertenedor Erwin Asted some 27.500 16.00 S1150 Louty neon of brey 13 sotal asset LLADSL Co wa Metained earnis. 12/31/22 Total Resty $ 2,34,300 $ 19,000 73.JS) = 9,000) $10,0001 303,000 603.9551 1338,000 512,30,300150319,000) a. What was the annuamortization resulting from the acquisition date fi valve allocations? Were the intentity transfers upstream or downstream What intrarily gross profit in nventory existed as of January 1 2021 d. What intraently gross profit in inventory existed as of December 31 2021? e. What amounts take up the $105255 Equilty Earnings of Prey account balance for 2021 What is the net income attributable to the noncontrolling interest for 2021? What amounts make up the $645.300 Investment in Brey account balance as of December 31, 2021? Prepare the 2021 worksheet entry to eliminate the subsidiary's beginning owners' equity balances Without preparing a worksheet or consolidation entres, determine the consoldation balances for these two companies Complete this question by entering your answers in the tabs below. Regt RO Reg Ret What is the net income attributable to the non controlling interest for 2017 Net nemt og RE RO 13 Complete this question by entering your answers in the tabs below. Req Ato D Regt Reg Reg Reg Reg! What amounts make up the $545,300 Investment in Brey account balance as of December 31, 2017 Investment in Beey consideration transferred) Net income of Brey o 0 Dividends declared by Brey Prepare the 2021 worksheet entry to eliminate the subsidiary's beginning owners guty balances (if no entry is required for a transaction/event, select "No journal entry required in the set account field) Consolidation Worksheet Entries Prepare entry orders om dit Transaction Accounts Debit Grede Macan Candy Viena jumal 13 Without preparing a worksheet or consolidation entries, determine the consolidation balances for these two companies. (Input all amounts as positive values.) Consolidated Balance Sales revenues Cost of goods sold Expenses Equity in earnings of Brey Consolidated net income Noncontrolling interest in consolidated net income Consolidated net income to Pitino Retained earnings 1/125 Dividends declared Retained earnings 12/31/21 Cash and receivables Inventory Investment in Brey Land buildings, and equipment ne Patented technology Total Assets Liabi Noncontrolling interest in Brey, 12/3121 Common Stock Retained earnings 12/31/21 Totalbes and equity ReqH Do not need only E, F, G, H, I needed 13 Pitino acquired 90 percent of Broy's outstanding shares on January 1, 2019. in exchange for $513,000 in cash. The subsidiary's stockholders' equity accounts totaled $497000, and the noncontrolling interest had a tair value of $57.000 on that day. However, a building with a ten-year remaining time in Brey's accounting records was undervalued by $51.000. Pitino assigned the rest of the excess fair value over book value to Brays patented technology five-year remaining life Broy reported not income from its own operations of $83,000 in 2019 and 599,000 in 2020. Brey declared dividends of $28.800 in 2019 and $32,500 in 2020, Brey sets inventory to the follows: tawowy Raining Transfer Tic Tanda Year cost to Rey to Pirates price 2012 18,000 $ 210,000 2010 161,000 230,00 14.500 127,500 255,000 55,000 3 44.000 At December 31, 2021. Pitino owes Brey $35.000 for inventory acquired during the period. The following separate account belances are for these two comparies for December 31, 2021, and the year then ended. Note:Parentheses indicate a credit balance sales revenues cost of yod old ity in offrey w in Retainer 1/1/21 Het bove) Diventa deolard Betained earninge, 12/31/21 Cash and receivables Inventory Investment in Brey Land buildings, and again Pit Bry 100,0001 7861, $14.00 220,000 10.100 96,000 11.2001 # 203,95513.00) #1535,9001 16.00) 23,9351 137,000) 141,900 55.00 641,9551 8298,000) $ 165,000 $ 117, 390,000 255.000 545.300 347.000 13 Land, buildings ist st) Total en ti Con stock DELLA RIN. 12/31/1t 347,00 $ 2.163.100 $ 719,000 51,345 5 119,000 630.0001 102,00 661,2351 390.000) 143.7001 719,000) What was the annual amortization resulting from the acquision date far-value allocations? Were the intra entity transfers upstream or downstream? What intraently gross profit in inventory existed as of January 1 2022 d. What intra-entry gross profit in inventory existed as of December 31 2022 What amounts make up me 5105.255 Equity Earnings of Brey account balance for 20217 What is the net income attributable to the no controlling interest for 2021? What amounts make up the $645.300 Investment in Brey account balance as of December 31, 2021? Prepare the 2021 worksheet by to eliminate the subsidy's beginning owners' equity blances * Whout preparing worksheet or consolidation entriesdetermine the consolidato balances for these two companies Regt Reg Req Red What was there fortion resulting from the co-date fir-value alocaties What intre entitygross profit in inventory ested as of January 1, 2021? What intro-enttygross profit inventory ested as of December 31, 2021 Aula 1911 16950 Indygo roll, January 1, 2021 tygrosso December 31, 2001 5 5 27 SOC Total 13 Como Stock eta ing. 12/31/31 5 2.143.500 3.719,000 $ 187,345) 339.000) 1610.000) (02.000) 1841,195 090,000) 12.16).100) 19.000 What was the annual amortization resulting from the acquisition date far-value allocations? c. What intra-entitygross profit in inventory existed as of January 1 20217 d. What intra-enty gross profit in inventory existed as of December 31 2021 e. What amounts make up the 5105255 Equity Earnings of Brey account balance for 20217 What is the net income attributable to se non controlling interest for 20277 9. What amounts make up the 5645.300 investment in Brey account balance as of December 31, 2020 h. Prepare the 2021 worksheet entry to test the subsidiary's beginning owners equity balances 1. Without preparing a worksheet or consolation entres determine the consolidation balances for these two companies Complete this question by entering your answers in the tabs below. Rea Ate D Rent Reg Ree What amounts make up the $105,255 touty Earnings of Brey account balance for 20217 313700 Lirey recome Dulurred pole bertenedor Erwin Asted some 27.500 16.00 S1150 Louty neon of brey 13 sotal asset LLADSL Co wa Metained earnis. 12/31/22 Total Resty $ 2,34,300 $ 19,000 73.JS) = 9,000) $10,0001 303,000 603.9551 1338,000 512,30,300150319,000) a. What was the annuamortization resulting from the acquisition date fi valve allocations? Were the intentity transfers upstream or downstream What intrarily gross profit in nventory existed as of January 1 2021 d. What intraently gross profit in inventory existed as of December 31 2021? e. What amounts take up the $105255 Equilty Earnings of Prey account balance for 2021 What is the net income attributable to the noncontrolling interest for 2021? What amounts make up the $645.300 Investment in Brey account balance as of December 31, 2021? Prepare the 2021 worksheet entry to eliminate the subsidiary's beginning owners' equity balances Without preparing a worksheet or consolidation entres, determine the consoldation balances for these two companies Complete this question by entering your answers in the tabs below. Regt RO Reg Ret What is the net income attributable to the non controlling interest for 2017 Net nemt og RE RO 13 Complete this question by entering your answers in the tabs below. Req Ato D Regt Reg Reg Reg Reg! What amounts make up the $545,300 Investment in Brey account balance as of December 31, 2017 Investment in Beey consideration transferred) Net income of Brey o 0 Dividends declared by Brey Prepare the 2021 worksheet entry to eliminate the subsidiary's beginning owners guty balances (if no entry is required for a transaction/event, select "No journal entry required in the set account field) Consolidation Worksheet Entries Prepare entry orders om dit Transaction Accounts Debit Grede Macan Candy Viena jumal 13 Without preparing a worksheet or consolidation entries, determine the consolidation balances for these two companies. (Input all amounts as positive values.) Consolidated Balance Sales revenues Cost of goods sold Expenses Equity in earnings of Brey Consolidated net income Noncontrolling interest in consolidated net income Consolidated net income to Pitino Retained earnings 1/125 Dividends declared Retained earnings 12/31/21 Cash and receivables Inventory Investment in Brey Land buildings, and equipment ne Patented technology Total Assets Liabi Noncontrolling interest in Brey, 12/3121 Common Stock Retained earnings 12/31/21 Totalbes and equity ReqH Do not need only E, F, G, H, I needed